"Facts and theories are different things, not rungs in a hierarchy of increasing certainty. Facts are the world’s data. Theories are structures of ideas that explain and interpret facts. Facts do not go away while scientists debate rival theories for explaining them. Einstein’s theory of gravitation replaced Newton’s, but apples did not suspend themselves in mid-air pending the outcome."

Pablo Carpintero

your devoted servant, is a happily retired economist, and way too old to mend his ways. Pablo knows that many economists have the perfidious tendency to turn into professional idiots. That's why his rule of life is to be as contrarian as possible, and then some ...